Tata Capital Limited is a wholly-owned subsidiary of Tata Sons Limited. Through Tata Capital, Tata Group has made its entry into financial services. Tata Capital, is a non-banking finance company, started its operations in 2007. The company has been set up to cater the investment or financial needs of the retail and institutional customers. RBI granted license to the company to carry out operations as a Systemically Important Non Deposit Taking Non Banking Financial Company enterprising fund and fee based activities in the financial sector.